Mayflower Financial Advisors LLC Sells 138,768 Shares of Invesco S&P 500 Top 50 ETF $XLG

Mayflower Financial Advisors LLC cut its position in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 87.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,225 shares of the company’s stock after selling 138,768 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,049,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 444.6% during the first quarter. Jane Street Group LLC now owns 182,870 shares of the company’s stock valued at $8,416,000 after purchasing an additional 149,290 shares during the period. Russell Investments Group Ltd. lifted its position in Invesco S&P 500 Top 50 ETF by 151.8% in the second quarter. Russell Investments Group Ltd. now owns 1,536 shares of the company’s stock worth $80,000 after purchasing an additional 926 shares during the period. Marshall Wace LLP bought a new position in Invesco S&P 500 Top 50 ETF in the second quarter worth $7,118,000. Qube Research & Technologies Ltd boosted its stake in Invesco S&P 500 Top 50 ETF by 230.7% during the second quarter. Qube Research & Technologies Ltd now owns 9,629 shares of the company’s stock worth $502,000 after buying an additional 6,717 shares in the last quarter. Finally, Main Street Financial Solutions LLC boosted its stake in Invesco S&P 500 Top 50 ETF by 98.2% during the second quarter. Main Street Financial Solutions LLC now owns 13,896 shares of the company’s stock worth $724,000 after buying an additional 6,886 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

Shares of Invesco S&P 500 Top 50 ETF stock opened at $61.23 on Wednesday. The firm has a market capitalization of $10.78 billion, a PE ratio of 27.80 and a beta of 1.05. The company’s fifty day moving average price is $62.06 and its two-hundred day moving average price is $59.23. Invesco S&P 500 Top 50 ETF has a 52-week low of $51.63 and a 52-week high of $64.77.

Invesco S&P 500 Top 50 ETF Profile

Guggenheim Russell Top 50 Mega Cap ETF (the Fund), formerly Rydex Russell Top 50 ETF, seeks to replicate as closely as possible the performance of the Russell Top 50 Index (the Index). The Index is an unmanaged capitalization-weighted index consisting of the 50 largest companies in the Russell 3000 Index. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.